RGR: The gun trade is still on two days after the…

10:31 AM The gun trade is still on two days after the election with both Sturm, Ruger (RGR +8.3%) and Smith & Wesson (SWHC +3.4%) carving out healthy gains again. Technical traders say the move is just the start of a multi-month rally, while fundamental-leaning traders see some risk on the downside if the fiscal cliff gets resolved. (Read the comments on this)

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